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Attractive Time Deposit Rates
In an exciting update for savers in Singapore, Maybank Singapore has unveiled its latest Time Deposit rates, promising up to 3.20% per annum for SGD Time Deposit and iSAVvy Time Deposit promotions. These new rates take effect from 1 August 2024, offering a lucrative opportunity for customers to grow their savings with competitive returns.
The latest promotion features similar rates to the previous month’s offerings, with the notable addition of a 6-month tenure at a remarkable 3.20% p.a., catering to both short and long-term savings strategies.
UPDATE 6 Aug: 1yr tenures increased by 0.2% to 2.8%
Promotional Rates from 6 August 2024
iSAVvy Time Deposit Promotion (Online Placement)
| Tenure | Promotional Rate (p.a.) |
|---|---|
| 6-month | 3.20% |
| 9-month | 3.00% |
| 12-month | 2.80% |
| 15-month | 2.60% |
| 18-month | 2.30% |
| 24-month | 2.30% |
- Available exclusively to Individual Banking customers
- Requires a minimum placement of S$20,000
SGD Time Deposit Promotion (Branch Placement)
| Tenure | Promotional Rate (p.a.) |
|---|---|
| 6-month | 3.20% |
| 9-month | 3.00% |
| 12-month | 2.80% |
| 15-month | 2.60% |
| 18-month | 2.30% |
| 24-month | 2.30% |
- Open to Individual, SME, and Commercial Banking customers
- Requires a minimum placement of S$20,000
Customers are encouraged to seize this opportunity to enhance their savings. For a full list of terms and conditions, please refer to the Terms and Conditions for Time Deposits Promotion (PDF).
To explore these rates and make a deposit, visit Maybank’s official promotion page. Please note that you need to scroll past the first section “Deposit Bundle Promotion (Placement in Branch)”.
For those seeking more fixed deposit options, discover the best deposit rates in Singapore here.
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